Raymond James Maintains Outperform on Vital Energy, Raises Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst John Freeman has maintained an Outperform rating on Vital Energy (NYSE:VTLE) and increased the price target from $53 to $56.
January 24, 2024 | 8:19 pm
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Raymond James analyst John Freeman has reaffirmed an Outperform rating on Vital Energy and raised the price target from $53 to $56.
The increase in price target by a reputable analyst typically signals a positive outlook on the stock, suggesting that the company's fundamentals or growth prospects have potentially improved. This can lead to increased investor confidence and a potential short-term rise in the stock price.
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